148. Notwithstanding any inconsistent provision of any Act, regulation or order, every pension benefit under any of the pension plans the benefits of which are payable by Retraite Québec is computed on a monthly basis in accordance with the method determined by regulation and the monthly payment is paid at such intervals and on such conditions as may be determined by the regulation. The regulation may prescribe the date on which the benefit becomes payable and the date on which it ceases to be paid.
Retraite Québec may, however, make cash payment of the actuarial value or cash payment of the annual value of a pension benefit if it is authorized to do so by an Act, regulation or order.
1973, c. 12, s. 135; 1983, c. 24, s. 1; 1986, c. 44, s. 77; 1987, c. 47, s. 64; 2002, c. 30, s. 59; 2015, c. 20, s. 61.